The OECD-Nuclear Energy Agency (NEA) – together with the International Atomic Energy Agency (IAEA) – plans to publish new guidance on improving cost estimates of nuclear decommissioning projects. Simon Carroll, a senior analyst with the Swedish Radiation Safety Authority, told delegates at the Nuclear Decommissioning & Waste Management Conference Europe that the guidance addresses project risk and uncertainty in cost estimates “in a more comprehensive fashion” than existing practice. The guidance has been produced by a joint team of experts from the OECD-NEA Decommissioning Cost Estimation Group (DCEG), which Carroll chairs, and from the IAEA. “There is an ongoing and perhaps grave concern about potential cost overruns and escalating cost estimates for decommissioning projects,” he told delegates at the conference, which took place in Manchester, England on 24-25 May.
World Nuclear News 1st June 2017 read more »